US-listed International Seaways is said to have disposed of another elderly tanker as its fleet reorganisation progresses.

Brokers report the 162,000-dwt suezmax Seaways Saugerties (built 2006) has gone to unnamed European interests.

Price estimates range from $20.7m to $21.8m.

VesselsValue assesses the tanker's value at $21.5m.